Strong value-add opportunity in Indianapolis with solid comparable sales and excellent upside for investors looking for a flip or long-term rental. š
This 1979-built single-family home featuresĀ 3 bedrooms, 2 bathrooms,Ā 1,304 square feet, anĀ attached garage, and sits on anĀ 11,718 sq ft lot.
Property Condition:Ā Full value-add opportunity requiring a major renovation, including kitchen, bathrooms, and additional updates to maximize resale value.
š§ Property Features:
- Roof ā Less thanĀ 10 years oldĀ š
- Furnace ā Age unknown š„
- Air Conditioner ā Age unknown āļø
- Water Heater āĀ 3 years oldĀ šæ
- Vinyl windows šŖ
- Crawl space foundation š§±
- Attached garage š
š°Ā Market Rent:Ā $1,600/month
With a desirable 3-bedroom, 2-bath layout, strong neighborhood comparable sales, and a projected ARV of $230,000, this property presents an excellent opportunity for investors seeking their next renovation project with solid profit potential. ššø
šĀ Nearby Comparable Sales:
- 3041 Southwest DrĀ ā Sold forĀ $120,000Ā (Cash, As-Is)
- 4838 W Troy AveĀ ā Sold forĀ $135,000Ā (As-Is)
- 3032 Carlsbad LnĀ ā Sold forĀ $230,000